Foundation Building: Retail CIOs focus on investments in infrastructure and integration - 0 views
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Oracle Retail on 14 Apr 13Retail IT is being transformed. CIOs are shifting from proprietary systems to package solutions and from an emphasis on cost reduction to a solid bump in IT capital spending. A strong customer focus means CIOs are fixing their attention on channel integration and analytics that will help them spot and anticipate shopper preferences more quickly. "Talking about re-engineering the foundation of retail IT may not be the sexy side of technology, but it's critical," Webster says. "If a company jumps into mobile-assisted in-store selling ... but doesn't have accurate visibility of inventory across the enterprise, what have they accomplished?" That's a point of view echoed by Gartner vice president of research Jeff Roster. "The big attack has to be on infrastructure," he says. "There are still a whole lot of retail companies out there that need to retire legacy systems and get out of the proprietary code writing business. Once they move to packaged systems, the opportunity to decrease infrastructure costs and reshape the business around today's customer can move forward at a quicker pace."